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Insights

Tech-Driven Services Bank of Abyssinia employs state-of-the-art technology to offer excellent banking services, presenting an opportunity for technology solution providers to offer complementary services or products.

Expansion Initiatives Recent launches of self-service machines, online payment gateways, additional payment options, and virtual banking services showcase Bank of Abyssinia's commitment to innovation. This presents opportunities for companies specializing in fintech solutions to collaborate on future expansions.

Partnership Potential Bank of Abyssinia has established partnerships with companies like Newgensoft, Paga, and Xpert Digital, indicating openness to collaborations. This opens up avenues for partnerships and alliances in the financial services sector.

Market Penetration The introduction of new services, such as the interest-free virtual banking service and online payment gateway, signifies a strategic focus on enhancing customer experience. This creates room for third-party service providers to assist in market penetration strategies.

Competitive Landscape Being one of the leading and fastest-growing banks in Ethiopia, Bank of Abyssinia's competitive positioning against similar banks like United Bank, Enat Bank, and Wegagen Bank provides insights for comparative analysis to identify potential areas for market differentiation and targeted sales approaches.

Similar companies to Bank of Abyssinia

Bank of Abyssinia Tech Stack

Bank of Abyssinia uses 8 technology products and services including WordPress, Font Awesome, Modernizr, and more. Explore Bank of Abyssinia's tech stack below.

  • WordPress
    Content Management System
  • Font Awesome
    Font Scripts
  • Modernizr
    Javascript Libraries
  • Google Code Prettify
    Miscellaneous
  • Yoast SEO
    Search Engines
  • OpenSSL
    Web Server Extensions
  • Facebook
    Widgets
  • Slider Revolution
    Widgets

Media & News

Bank of Abyssinia's Email Address Formats

Bank of Abyssinia uses at least 1 format(s):
Bank of Abyssinia Email FormatsExamplePercentage
First.Last@bankofabyssinia.comJohn.Doe@bankofabyssinia.com
53%
FirstL@bankofabyssinia.comJohnD@bankofabyssinia.com
22%
First@bankofabyssinia.comJohn@bankofabyssinia.com
16%
Last@bankofabyssinia.comDoe@bankofabyssinia.com
9%

Frequently Asked Questions

Where is Bank of Abyssinia's headquarters located?

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Bank of Abyssinia's main headquarters is located at Gambia Street Addis Ababa, Addis ababa 1000 ET. The company has employees across 4 continents, including AfricaNorth AmericaAsia.

What is Bank of Abyssinia's official website and social media links?

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Bank of Abyssinia's official website is bankofabyssinia.com and has social profiles on LinkedIn.

How much revenue does Bank of Abyssinia generate?

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As of June 2024, Bank of Abyssinia's annual revenue reached $750M.

What is Bank of Abyssinia's NAICS code?

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Bank of Abyssinia's NAICS code is 52 - Finance and Insurance.

How many employees does Bank of Abyssinia have currently?

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As of June 2024, Bank of Abyssinia has approximately 5K employees across 4 continents, including AfricaNorth AmericaAsia. Key team members include Chief Digital Officer: S. M.Bbo: D. T. T.Director, Agent And Virtual Banking Center: N. T.. Explore Bank of Abyssinia's employee directory with LeadIQ.

What industry does Bank of Abyssinia belong to?

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Bank of Abyssinia operates in the Financial Services industry.

What technology does Bank of Abyssinia use?

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Bank of Abyssinia's tech stack includes WordPressFont AwesomeModernizrGoogle Code PrettifyYoast SEOOpenSSLFacebookSlider Revolution.

What is Bank of Abyssinia's email format?

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Bank of Abyssinia's email format typically follows the pattern of . Find more Bank of Abyssinia email formats with LeadIQ.

When was Bank of Abyssinia founded?

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Bank of Abyssinia was founded in 1996.
Bank of Abyssinia

Bank of Abyssinia

Financial ServicesAddis ababa, Ethiopia5001-10000 Employees

The present-day Bank of Abyssinia was established on February 15, 1996 (90 years to the day after the first but defunct private bank was established in 1906 during Emperor Menelik II) in accordance with 1960 Ethiopian commercial code and the Licensing and Supervision of Banking Business Proclamation No. 84/1994.

BOA started its operation with an authorized and paid up capital of Birr 50 million, and Birr 17.8 million respectively, and with only 131 shareholders and 32 staff.

In two decades since its establishment Bank of Abyssinia has registered a significant growth in paid up capital and total asset. It also attracted many professional staff members, valuable shareholders and large customers from all walks of life. This performance indicates public confidence in the Bank and reliability and satisfaction in its services.

Currently, employing the state-of-art banking technology, the Bank provides excellence domestic, international and special banking services to its esteemed and valuable customers. It also strives to serve all economic and services sectors via its ever increasing branch networks through out the country.

Section iconCompany Overview

Headquarters
Gambia Street Addis Ababa, Addis ababa 1000 ET
NAICS Code
52 - Finance and Insurance
Founded
1996
Employees
5001-10000

Section iconFunding & Financials

  • $100M$1B

    Bank of Abyssinia's revenue is in the range of $100M$1B

Section iconFunding & Financials

  • $100M$1B

    Bank of Abyssinia's revenue is in the range of $100M$1B

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